Linde Group Clean Technologies

Prepared for UKCCSRC Event Edinburgh 7 Nov 2012

Dr Dave Lockyer November 2012

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Company profileOrganisational structure

The Linde Group

Engineering Division Gases Division Other Activities

Americas

Asia/Pacific

EMEA (Europe, Middle East, Africa)

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The Linde Group worldwideGlobal presence in more than 100 countries

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The Linde Group: 2011 financial yearLinde achieves record levels and is set for further growth

— Group sales up 7.1 percent to EUR 13.787 bn

— Group operating profit grows at a faster rate than sales, by 9.7 percent to EUR 3.210 bn

— Operating margin increased by 60 bp to 23.3 percent

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Gases and EngineeringSelected highlights of the 2011 business year

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1. Tasmania, Australia:Linde brings on stream Australia‘s first micro-LNG plant including supply of filling stations for a transport company.

2. Pasir Gudang, Malaysia:Linde opens a new air separation plant. The EUR 47 m project is the biggest single investment in Malaysia.

3. Chongqing, China:Linde is to build and operate a large hydrogen and synthesis gas plant to supply BASF and CCPHC productionplants. Total investments: EUR 200 m.

4. Nynäshamn, Sweden:Linde opens Europe‘s largest LNG terminal, thus rounding off its portfolio in the growth market for LNG.

5. Alabama, USA:

The Department of Energy decide to part fund a pilot plant to test CO2 scrubbing processes; Linde continues to developits CCS technology.

6. Giheung, Korea:Linde starts production at new air separation plant. At EUR 130 m this ASU is Linde‘s biggest investment in Korea.

7. Wu‘an, China:Linde commits to provide all the gas supplies for HebeiPuyang Iron and Steel in northern China. Linde will acquireand operate seven ASUs and construct a new one. Total investments: EUR 120 m.

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Mega trend clean energy VGrowth opportunities for Linde

— Mega trend towards low-carbon economya massive growth opportunity for Linde. Some examples:

— Enhanced Oil and Gas Recovery (EOR): efficient exploitation of oilfields and natural gas fields requires large quantities of nitrogen and oxygen.

— Hydrogen: Linde as a leading supplier of hydrogen plants works together with part-ners to promote the use of hydrogen as a zero-emission fuel.

— Carbon Capture and Storage (CCS): We offer technologies required to remove CO2 from carbon-based energy generation.

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Technology portfolio ILinde is involved in the clean energy business worldwide

Hydrogen refuellingstations: Germany, USA, Japan, China

LNG plant, Statoil,Hammerfest, Norway

LNG import terminal, StatoilHydro,Nynäshamn, Sweden

PCC flue gas wash, RWE, Niederaußem, Germany

Landfill gas LNG plant,Waste Management, Altamont, USA

CO2 injection for EGR, Gaz de France, Maxdorf, Germany

N2 EOR plant, Pemex, Cantarell, Mexico

CO2 network, OCAP,Rotterdam/Amsterdam, Netherlands

CO2 injection/storage, GFZ Potsdam, Ketzin, Germany

N2 EOR ASU plant, ADNOC,Mirfa, Abu Dhabi

Oxyfuel pilot plant, Vattenfall, SchwarzePumpe, Germany

Biogas refuellingstation, LNG back-up, Sweden

Network of LNG plants for truck fleet fuelling, Australia

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Hammerfest LNG plant, NorwayCO2 reinjection via subsea pipeline

World’s first industrial project to deliver CO2

separated onshore back offshore and injected into a reservoir

— Europe's first export facility for liquefied natural gas (LNG)

— Terminal and process plant on Melkøyaisland outside Hammerfest in northern Norway

— Multi billion standard m³ Annual LNG export:export:

— CO2 content: 5.0% to 8.0%

— CO2 captured in onshore plant, conveyed back with subsea pipeline, stored underground

— Emission reduction of more than 50%

— Norwegian CO2 tax: 50 €/t

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* Linde developed integrated technology „LICONOX“ (except third-party boiler technology)** Third-party technology (except Linde‘s CO2 capture & compression)

Linde offers technology and engineering solutionsfor all three CCS pathways

Linde PortfolioTechnology Process

Pre-combustion

Oxyfuel*

Post-combustion**

Feedstock CO2

GasifierASUGas cleaning

(Rectisol)CO Shift

CO2purification &compression

CO2

BoilerASU DeNOxDeSOxCO2

purification &compression

Feedstock

CO2

Boiler DeNOxDeSOxCO2

capture &compression

Feedstock

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Description — CO2 is emitted by a vast number of processes that can

be captured, re-distributed and made use of in other applications

— Essential part of many industrial processes and various application areas

Scope— Supplying the captured carbon dioxide via pipeline

to a network of customers— Used to increase growth from plants or sport courts— Storage, distribution, cleaning, liquefaction etc.

Reference project— OCAP (Organic CO2 for the Assimilation in Plants) provides

CO2 for some 550 greenhouses between Rotterdamand Amsterdam, Netherlands

— CO2 is captured at a refinery in Rotterdam;around 300 km of pipeline

CO2 networksWaste CO2 lets plants grow quicker

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Linde covers the entire hydrogen value chain

LH2 storage

Supply/Storage Compression/Transfer Dispenser

Onsite SMR

Onsite electrolysis

350 barIonic compressor

Cryo-pump

Production

Conventional H2

(e.g. SMR)

Green H2

700 bar

CGH2 storage

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BOC/Linde Actively Pursuing CCS Projects in UK

BOC is actively engaged in DECC’s UK CCS Commercialisation Competition

The competition has £1Bn of capital funding to support commercial scale CCS Projects

On 30 Oct Ed Davey announced 4 projects (short-listed from 8) that were successful in moving to an intensive phase of negotiations which will lead to decisions on which projects to support further in 2013.

These included:

- Teesside Low Carbon : Pre-Combustion coal gasification project

-330 MW (net) power generated by syngas with 90% CO2 abated,

-storage in depleted oil field and saline aquifer

-Consortium comprising BOC, Progressive Energy, GDF SUEZ & Premier Oil

- White Rose : Oxyfuel capture project

-304MW fully abated supercritical coal-fired power station at Drax site, North Yorkshire

-Led by Alstom, Drax, BOC & National Grid Carbon

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Teesside Low carbon

BOC will be responsible for development of the syngas plant to convert coal to CO2 & H2

- A chemical plant providing H2 for power generation & feed CO2 to offshore storage

Potential NER300 funding

- DECC have supported 2 CCS Projects for NER300 funding of which TLC is one.

Expect to make investment decn in 2014, subject to appropriate planning/regulatory approvals

Centred on Wilton International Chemical complex.

Anchor project to develop industrial CCS hub

– eg GrowHow fertiliser plant at Billingham

CCS infrastructure expected to become critically important facility for existing NE industries & enable potential inward investments

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BOC is Leading Industrial Gases Supplier in UK

Activities in leading chemical/refinery locations

Teesside

Grangemouth

Humberside

North West

Fawley

Seeking to bring CCS technologies & infrastructure to benefit chemical/refinery sector

Thank you for your attention.